Opposition leader Maria Corina Machado presented this Tuesday an energy plan for Venezuela to dozens of American oil entrepreneurs at the CERAWeek conference in Houston, Texas. In her plan, she highlighted the intention to minimize the state's role in the country's South American oil investments. Machado offered oil investors to end the 'isolation of energy resources' of Venezuela and limit state action during her intervention at CERAWeek, the industry's most important forum. The opposition leader indicated that she knows that currently investing in Venezuela is still 'very risky' but that she will seek to generate 'confidence' by promoting conditions 'limiting state intervention'. 'The State must be out of the way, it must create conditions for the oil sector to be private,' Machado specified. CERAWeek, organized by S&P Global, brings together every year in Houston executives of large energy companies, government officials, investors and experts to debate markets, geopolitics and energy transition. People attend an event with the opposition leader and Nobel Peace Prize winner, María Corina Machado this Tuesday, in Houston (USA). EFE/ Carlos Ramírez. The meeting, which takes place in the midst of a war between the United States and Iran, is considered a key thermometer of the sector due to the presence of actors that directly influence investment decisions on a global scale. While Machado offers energy plans favorable to US investors, the Republican president, Donald Trump, maintains his approval for the interim president, Delcy Rodríguez, who has been leading the country since January, following the capture of Nicolás Maduro in Caracas. The United States has relaxed oil sanctions against Caracas and generated a legal framework for American companies to invest in Venezuelan crude under serious control and reporting conditions. Photo EFE.
